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Published on March 12, 2025

The Greater Lehigh Valley REALTORS® (GLVR) reported February data showed rising home prices, tight inventory, and economic uncertainty are shaping housing market conditions heading into the spring season.

GLVR Members: Click HERE to view the full Market Update report for February 2025.

“As consumers navigate inflation, rising costs, and shifts in government policy, many are pausing to assess their next steps amid economic adjustments,” said GLVR CEO Justin Porembo. “We are optimistic that as we enter the spring market, economic stability will improve.”

February Stats

Closed Sales increased 2.2 percent, coming in at 369 listings. Inventory decreased 10.0 percent – there were 548 units in February for Lehigh and Northampton counties. With inventory not at a healthy balance between buyers and sellers, the Median Sales Price increased 9.7 percent to $350,000.

Other notable housing statistics for February include:

  • New Listings decreased 11.6 percent to 464.
  • Pending Sales slipped 2.7 percent to 431.
  • Months Supply of Inventory dropped 16.7 percent to 1.0 months.
  • Percentage of List Price Received slid 0.3 percent but still came in above and beyond at 100.2 percent.
  • Homes sold, on average, in 31 days, seven days slower than the previous February.

In Carbon County, the Median Sales Price increased to $256,500. Closed Sales decreased to 25. Pending Sales were largely steady, coming in at 47 (a loss of two). New Listings dropped to 39. Inventory was even at 144 units – an increase of one unit – leading to a Months Supply of Inventory that remained at 2.6 months. Days on Market came in at 50 days.

“Real estate has consistently proven to be a reliable asset, even in uncertain times,” said 2025 GLVR President Michael Bernadyn. “We’re seeing continued strong home values because buyers recognize the long-term benefits of homeownership, and sellers are still in a strong position due to low housing supply. With the support of a REALTOR®, consumers can expect expert understanding of the market and a purchase/sale at the price and terms they want and/or need.”